Athersys (ATHX) executive Harrington sold 20,767 shares for $32.1K at $1.55 under a 10b5-1 plan

Insider transactions reported

John J Harrington (executive at Athersys Inc., ATHX) reported that they sold 20,767 shares for $32.1K at $1.55, and received 133,333 shares between Jun 11, 2021 and Jun 15, 2021. After these transactions the filing shows 784,961 shares held directly.

Reporting person

Harrington John J

Options and other derivatives

Holdings before and after

• Common Stock: 672,395 to 784,961 direct
• Stock Option (right to purchase): 0 to 300,000 direct

Footnotes from the filing

1. 1. Award of annual restricted stock units, each of which represent a contingent right to receive one share of Athersys, Inc. common stock after vesting. The restricted stock units vest ratably on a quarterly basis over a four-year period.
2. 2. Shares sold pursuant to a predefined Rule 10b5-1 trading plan.
3. 3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.535 to $1.57, inclusive, in accordance with a previously established Rule 10b5-1 trading plan.
4. 4. Securities beneficially owned are comprised of (1) 486,372 shares of common stock owned and (2) unvested restricted stock units aggregating 298,589 related to annual awards, which vest quarterly over a three or four-year period from date of grant.
5. 5. Award of an annual stock option. The option vests ratably on a quarterly basis over a four-year period.

Transaction codes in this filing

Open-market sale:

Code S marks a sale in the open market or a private deal. The insider received cash for these securities.

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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